April 2024’s Prime Crypto Investments: Spotlight on ENA, CKB, and ORDI

Blockchain Lycan
2 min readApr 11, 2024

In the dynamic world of cryptocurrencies, as Bitcoin (BTC) climbs back above the $70,000 mark, defying the trends of falling GBTC outflows and unexpected U.S. inflation spikes, investors are on a vigilant lookout for the most promising crypto buys for immediate gains.

A noticeable decline in Grayscale’s GBTC ETF outflows to a mere $18 million in a month suggests a potential easing of sell-off pressures, as indicated by Grayscale’s CEO. This trend, combined with Bitcoin’s resilience in the face of adverse economic indicators, has sparked interest in Bitcoin’s prospects to potentially reach $100,000 this year, making it a prime candidate for investment.

However, for those seeking exponential returns, the focus shifts to the altcoin market, where the possibility of 5–10x gains, albeit with higher risk, becomes a tantalizing prospect. Today, we spotlight three altcoins — Ethena (ENA), Nervos Network (CKB), and ORDI, which stand out as top contenders for substantial investment growth.

Ethena (ENA): Hitting record highs beyond $1.50 per token, ENA has become a focal point in the crypto conversation. This decentralized finance protocol, which recently introduced Bitcoin as a collateral option, has already showcased a significant market cap increase. With its innovative…

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Blockchain Lycan

Bringing Crypto News to the Public, and some short Fictional stories Too.